Michael Page profits up nearly 32%
Executive headhunters Michael Page reports a first quarter gross profit of £79.1m
Michael Page, the recruitment consultancy, has reported first quarter gross
profits of £79.1m, an increase of 31.9% on £59.9m recorded in the first quarter
of 2005.
The group’s UK business showed a 22.9% increase in profits, which reached
£36.6m. Growth was shown across all sectors, including accountancy.
In Europe, first quarter gross profits were £28.0m, a 45.3% increase on the
first quarter of 2005. In Asia Pacific, first quarter gross profits were £9.8m,
17.7% up, while in The Americas, first quarter gross profits were £4.6m, a rise
of 83.7%
‘Our first quarter performance this year has been outstanding. Whilst mindful
of the fact that in 2005 Easter fell in March, I am delighted with our growth
rates around the world,’ said Steve Ingham, Michael Page’s chief executive.